1151 Imperial Lake Rd, West Palm Beach
Palm Beach County Real Estate - West Palm Beach
West Palm Beach is in South East Florida. It's population as recorded in the 2010 Census was 99,919.
The median age for residents of West Palm Beach is 38.1. Around 25.5% of West Palm Beach households include school aged children and 26.9% of households include individuals aged 65 years or over. Census records indicate 56.7% of the West Palm Beach population are White, 32.4% are Black or African American, .4% American Indian, 2.2% Asian and 2.6% are Two or more Races. West Palm Beach has a significant Hispanic population. 22.6% (22,601) of West Palm Beach residents are of Hispanic or Latino origin. Of these 12.41% are of Mexican origin, 14.56% Puerto Rican, 23.61% Cuban and 49.41% are of other Hispanic or Latino origin.
There are 54,179 housing units in West Palm Beach. 11,267 (20.7%) of these were reported as vacant in the 2010 Census. There are 25,318 residential rental units in West Palm Beach. 21,180 of them were occupied in 2010 providing a residential rental vacancy rate of 15.9%.
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Palm Beach County
Palm Beach County is part of the southeast Florida region along with Indian River, St. Lucie, Martin, Miami-Dade, Broward, and Monroe counties. Palm Beach County has 38 cities, towns and villages in total. West Palm Beach is the county's largest city and acts as the county seat. Palm Beach has a population over 1.3 million.
Palm Beach County has many wealthy towns such as Palm Beach, Boca Raton, and Jupiter, as well as a large equestrian population making it one of Florida's wealthiest counties. As a result, real estate prices are comparatively higher in Palm Beach County than most other counties in Florida.
Palm Beach County's major private sector employers are Tenet Healthcare Corporation, Hospital Corporation of America, Florida Power & Light, The Breakers, and Office Depot. Top public sector employers are Palm Beach County School Board, Palm Beach County, Florida Atlantic University, and Boca Raton Community Hospital. Palm Beach County considers agribusiness; aviation, aerospace, and engineering; equestrian; healthcare; green energy; and corporate headquarters to be among its main industries.
Boca Raton is in southern Palm Beach County and is known as the birthplace of the IBM personal computer. It still hosts a large research park focused on technological innovation. The city hosts the headquarters for Office Depot and GEO Group. Florida Atlantic University and Lynn University are both located in Boca Raton.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 1155 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1147 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1159 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1139 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1163 Imperial Lake Rd | Single Family | 1,823 | B |
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| 1135 Imperial Lake Rd | Single Family | 1,823 | B |
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| 1167 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1131 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1171 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1127 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1150 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1154 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1146 Imperial Lake Rd | Single Family | 1,823 | B |
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| 1175 Imperial Lake Rd | Single Family | 1,823 | B |
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| 1123 Imperial Lake Rd | Single Family | 1,823 | B |
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| 1142 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1158 Imperial Lake Rd | Single Family | 1,662 | B |
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| 1138 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1162 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1179 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1134 Imperial Lake Rd | Single Family | 1,823 | B |
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| 1166 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1119 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1170 Imperial Lake Rd | Single Family | 1,823 | B |
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| 1130 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1183 Imperial Lake Rd | Single Family | 1,581 | B |
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| 681 Perdido Heights Dr | Single Family | 2,664 | B |
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| 687 Perdido Heights Dr | Single Family | 2,664 | B |
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| 1174 Imperial Lake Rd | Single Family | 1,873 | B |
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| 675 Perdido Heights Dr | Single Family | 2,664 | B |
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| 693 Perdido Heights Dr | Single Family | 2,458 | B |
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| 1187 Imperial Lake Rd | Single Family | 1,823 | B |
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| 669 Perdido Heights Dr | Single Family | 2,664 | B |
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| 699 Perdido Heights Dr | Single Family | 2,363 | B |
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| 1111 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1182 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1191 Imperial Lake Rd | Single Family | 1,873 | B |
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| 1112 Imperial Lake Rd | Single Family | 1,873 | B |
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| 663 Perdido Heights Dr | Single Family | 2,171 | B |
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| 1186 Imperial Lake Rd | Single Family | 1,823 | B |
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| 1107 Imperial Lake Rd | Single Family | 1,823 | B |
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| 705 Perdido Heights Dr | Single Family | 2,458 | B |
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| 1108 Imperial Lake Rd | Single Family | 1,823 | B |
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| 657 Perdido Heights Dr | Single Family | 2,171 | B |
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| 1190 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1103 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1104 Imperial Lake Rd | Single Family | 1,581 | B |
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| 1199 Imperial Lake Rd | Single Family | 1,873 | B |
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Local Household Income
The median household income in this part of Florida is $47,354. The bottom 10% of the population earn less than $12,913 per year. The top 10% earn more than $158,251 per year. The top 1% earn more than $683,394 per year. Most renters earn between $26,016 (20th percentile) and $44,580 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $94,708 and $118,385.
The tax assessed value of this property places it in percentile 65 of all properties in this area. This suggests it would appeal to someone earning around $67,706 per year who should qualify for a mortgage between $135,412 and $169,265.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,000. Most renters earn between $2,168 and $3,715 per month. They typically spend 35.5% of their monthly income on rent. Most rents fall in the $716 (20th percentile) to $1,364 (80th percentile) range. The residential vacancy rate is 9%.
This property falls in percentile 65 of all properties in this area. This corresponds to a rent of $1,130 per month and a monthly household income of $3,159 ($37,908 per year)
Nearby Companies
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657 Perdido Heights Dr